Parag Milk Foods , a leading player in the Indian dairy industry, has reported strong financial results for the fourth quarter of the fiscal year 2024-25, showcasing significant growth across key metrics.

Q4 Financial Highlights

The company's performance in Q4 demonstrates robust growth, with revenue reaching ₹918.25 crore, marking a 16.2% increase compared to the same quarter in the previous year. This growth in top-line was accompanied by an even more impressive bottom-line performance, with profit after tax soaring by 166.8% to ₹26.20 crore.

Operational Performance

Parag Milk Foods also reported a significant improvement in its operational efficiency. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose by 67.7% to ₹62.00 crore. This growth outpaced the revenue increase, resulting in an expansion of the EBITDA margin to 6.80%, indicating enhanced profitability and operational leverage.

Price Hike Announcement

In response to rising costs, Parag Milk Foods has implemented a price increase of ₹2.00 per litre, effective from May 1, 2025. This strategic move is aimed at offsetting the impact of increasing input costs and maintaining the company's profit margins.

Investor Communication

The company has scheduled earnings calls for May 5, 2025, to discuss the financial and operational performance for the quarter and financial year ended March 31, 2025, with investors and analysts. An investor presentation has been made available on the company's website, providing detailed insights into the company's performance and future outlook.

Parag Milk Foods' strong Q4 results and proactive measures to address cost pressures reflect the company's resilience and adaptability in a dynamic market environment. As the dairy sector continues to evolve, investors and industry observers will be keenly watching how the company leverages its current momentum for sustained growth in the coming quarters.

Parag Milk Foods Ltd , a leading dairy FMCG company in India, has announced significant developments in its business operations, including a substantial capital raise and an expansion of its product portfolio.

Capital Raise Through Preferential Issue

The company's board has approved raising ₹161.00 crore through a preferential issue of convertible warrants. This strategic move aims to optimize debt and meet working capital and capital expenditure requirements. The preferential issue involves the allocation of 90 lakh convertible warrants to various investors, including both promoters and non-promoters.

Key details of the preferential issue:

• Issue price: ₹179.10 per warrant (including a premium of ₹169.10)
• Notable allottees:
  • Mr. Utpal Hemendra Sheth: 13 lakh warrants
  • Mr. Devendra Shah (Promoter): 30 lakh warrants
  • Mr. Pritam Shah (Promoter): 30 lakh warrants
  • M/s. Trishakti Power Holdings Pvt. Ltd.: 14 lakh warrants

This capital infusion is expected to strengthen Parag Milk Foods' financial position and support its growth initiatives.

Expansion of Product Portfolio

Parag Milk Foods has also revealed a significant expansion of its product lineup, focusing on high-protein and nutrient-rich offerings across its various brands. This move aligns with the growing consumer demand for health-focused nutrition products.

New product highlights include:

Gowardhan

Introduced Crunchy Chikki made with 100% pure Gowardhan Ghee, available in Sesame and Peanut flavors, priced at ₹10.00 for 25 grams.

Go

Launched a new range of fruit yogurts in Mango, Blueberry, and Strawberry flavors, priced at ₹25.00 for 80 grams.

Pride of Cows

Expanded its premium, single-origin dairy offerings:

• Low-Fat & High-Protein Paneer with 45 grams of protein, priced at ₹235.00 for 200 grams
• Mint & Masala Buttermilk, priced at ₹60.00 for 250ml
• Greek Yogurt in various flavors, priced at ₹95.00 for 100 grams
• Fresh Mozzarella Bocconcini Balls, priced at ₹400.00 for 200 grams

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Introduced high-protein bars for fitness enthusiasts, available in Chocolate and Coffee wafer flavors, priced at ₹60.00 for 40 grams.

Akshali Shah, Executive Director of Parag Milk Foods, commented on the product expansion: "With protein becoming an essential nutritional need in India, we are committed to providing high-quality dairy solutions that cater to this growing demand. Our latest offerings across all brands of Parag Milk Foods reinforces our focus on high-protein, nutrient-dense offerings, ensuring consumers have access to superior dairy nutrition."

Market Position and Distribution

Parag Milk Foods boasts a strong market presence with over 5 lakh retail touch points, 29 depots, and 500+ super stockists. The company's flagship brand, Gowardhan Ghee, commands more than 22% market share in the cow ghee category, while its Go cheese brand holds over 35% market share.

With these latest developments, Parag Milk Foods aims to further strengthen its position in the dairy, nutrition, and wellness segments, catering to the increasing demand for protein-rich and health-focused products in India and global markets.